“What we think important is the substance of defence capabilities, not the volume or GDP ratio,“ Chief Cabinet Secretary Yoshimasa Hayashi told a regular press conference, explaining Japan's effort to raise defence budgets to be over 2% of the country's gross domestic product in fiscal year 2027.
Hayashi's comments came after Elbridge Colby, a Trump nominee as a top Pentagon policy advisor, admonished Taiwan and Japan for acting too slowly to raise defence spending.
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